203
203
Apr 24, 2011
04/11
by
KPIX
tv
eye 203
favorite 0
quote 0
the next big thing coming up here is this business about the debt ceiling. we keep hearing republicans say that they want to attach something to the legislation to raise the debt ceiling, some kind of cut. you just heard senator kirk say that he'd like to attach the... whatever the so-called gang of six comes up with. just attach that to it. what do you think ought to be attached to that in order to make it palatable for you to vote for it, congressman? >> hi, bob. look, we're borrowing... our federal government is borrowing $188 million every single hour of every single day. i wish that the administration, i wish that secretary geithner would get as excited and passionate and concerned about the debt we're placing on the backs of our kids and our grand kids as they seem to get so wound up about this raising the debt ceiling. there is no way we should raise the debt ceiling unless this city is really serious about cutting up the credit cards. >> schieffer: what do you want attached to that vote to raise the debt ceiling? what would it take to get you to vote
the next big thing coming up here is this business about the debt ceiling. we keep hearing republicans say that they want to attach something to the legislation to raise the debt ceiling, some kind of cut. you just heard senator kirk say that he'd like to attach the... whatever the so-called gang of six comes up with. just attach that to it. what do you think ought to be attached to that in order to make it palatable for you to vote for it, congressman? >> hi, bob. look, we're...
497
497
Oct 13, 2013
10/13
by
KPIX
tv
eye 497
favorite 0
quote 1
the debt ceiling is note the problem, bob. it's the fact they've been spending about $1 trillion more than they're take next. i think most folks are tired of not only the games in washington, shutting down the world war ii memorial, and more importantly, which is why the tea party took off is they think washington is ignoring the underlying problems of spending too much money. >> schieffer: if i could interject. i think you may have a problem coming that may be worse than all of that. if the government has to default on its debts and the term, "full faith and credit of the united states government" is no longer operative, if that happens we're going to plunge off into the unknown. nobody knows what the impact of that will be on not just our economy but the world economy. would you be willing to let that happen in order to postpone obamacare, which you haven't been able to do. obamacare marches on, not marching very well right now, but obamacare has started. and all of the rest of this is happening. are you willing to let that
the debt ceiling is note the problem, bob. it's the fact they've been spending about $1 trillion more than they're take next. i think most folks are tired of not only the games in washington, shutting down the world war ii memorial, and more importantly, which is why the tea party took off is they think washington is ignoring the underlying problems of spending too much money. >> schieffer: if i could interject. i think you may have a problem coming that may be worse than all of that. if...
121
121
Sep 29, 2013
09/13
by
KPIX
tv
eye 121
favorite 0
quote 0
and i hope when it comes to the debt ceiling we will do the same thing, extend the debt ceiling without endangering the economy. then if the republicans want to sit down and go into serious good faith negotiations, over any aspect of government, that is how it should take place. >> schieffer: all right. well, senator durbin i want to thank you for joining us this morning, and we will stay tuned. thank so much. we will be back in one minute with more on the budget impasse. >> schieffer: we are back with two key members of the house budget committee, tennessee republican marsha blackburn and chris van hollen, i am not sure i need to ask either of you a question. we just heard the questions laid out from rand paul and dick durbin, so where do you go from here, congresswoman. >> well we are going to wait and see what the senate does with the proposal that we sent over. of course it was my one year delay of obamacare legislation that was the amendment that went on last night. we think that that is a reasonable request, the president has made 19, he and his administration, 19 delays, there ha
and i hope when it comes to the debt ceiling we will do the same thing, extend the debt ceiling without endangering the economy. then if the republicans want to sit down and go into serious good faith negotiations, over any aspect of government, that is how it should take place. >> schieffer: all right. well, senator durbin i want to thank you for joining us this morning, and we will stay tuned. thank so much. we will be back in one minute with more on the budget impasse. >>...
308
308
Jan 13, 2013
01/13
by
KPIX
tv
eye 308
favorite 0
quote 0
money, we've got the debt ceiling argument coming up here. the government's going to run out of money at the end of february if something isn't done. do you see more of the same what we saw during this fiscal cliff or is this something better on the horizon. >> wouldn't that be great if i could say yes but i can't say yes. remember when the election ended and it looked like this was going to be an era of compromise. john boehner came out and said of course we want to work with the president. the president said of course we want to work with the public. that was shattered within about 20 minutes after both men said that. and so i don't think we're looking at compromise anywhere, it's really about who can get their way by trying to intimidate the other side more. so democrats not the president but other democrats saying hey here's a way that's not compromise. we're going to print a coin, a trill undollar coinen dollar coin. think of this sort of establishment republican saying how about a partialual shut down of the government to get what we wa
money, we've got the debt ceiling argument coming up here. the government's going to run out of money at the end of february if something isn't done. do you see more of the same what we saw during this fiscal cliff or is this something better on the horizon. >> wouldn't that be great if i could say yes but i can't say yes. remember when the election ended and it looked like this was going to be an era of compromise. john boehner came out and said of course we want to work with the...
126
126
May 20, 2012
05/12
by
KPIX
tv
eye 126
favorite 0
quote 0
that's how seriously they take the debt ceiling. our view is a request of any president to raise the debt ceiling is a serious matter because it underscores the way we have been engaged in excessive spending and borrowing. particularly over the last three and a half years. it is the perfect time, bob, the perfect time to engage in a discussion about doing something serious about deficit and debt. we could not get this president to do anything serious about entitlement reform, for example, the single biggest threat to future generations, not of consequences. my three appointees to the bowles-simpson commission voted for it. one of my appointees will to the joint select committee later in the year offered our friends on the other side new revenue. that's not something that we lightly offer. we got nothing in return. about the long-term debt problem facing this country, and we all know that it's on the entitlement side. so at some point here, this president needs to become the adult because the speaker and i have been the adults in the
that's how seriously they take the debt ceiling. our view is a request of any president to raise the debt ceiling is a serious matter because it underscores the way we have been engaged in excessive spending and borrowing. particularly over the last three and a half years. it is the perfect time, bob, the perfect time to engage in a discussion about doing something serious about deficit and debt. we could not get this president to do anything serious about entitlement reform, for example, the...
105
105
Sep 3, 2017
09/17
by
KPIX
tv
eye 105
favorite 0
quote 0
. >> brennan: does the debt ceiling increase get tied to the harvey relief? >> i think in a strange way, all of the problems that are coalescing in september for congress in a very short timeframe, but debt ceiling, government funding, have been made ironically perhaps a little bit easier by harvey so some of the usual -- because we're going to need billions of dollars the administration asked for the first part that have money. the usual maneuvering about how we can't do this without offsets and things like that. and the threats to fema operations and other operations that would not just come from the debt ceiling but from shutting down the government, i'm hopeful that harvey for all the suffering it's caused, i don't want to be empathy impaired myself, what need to happen in wash bash easier. >> brennan: the president will announce the deferred action, the children of immigrants who brought their kid here illegally that is on the 5th do that impact, undue the goodwill we've been talking about? >> it depend both on what plan he's going to unvail how he unvei
. >> brennan: does the debt ceiling increase get tied to the harvey relief? >> i think in a strange way, all of the problems that are coalescing in september for congress in a very short timeframe, but debt ceiling, government funding, have been made ironically perhaps a little bit easier by harvey so some of the usual -- because we're going to need billions of dollars the administration asked for the first part that have money. the usual maneuvering about how we can't do this...
355
355
Dec 6, 2012
12/12
by
KPIX
tv
eye 355
favorite 0
quote 0
to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, i will not play that game. because we've got to break that habit before it starts. >> reporter: the president sees the fiscal cliff showdown as an opportunity to break that linkage for good. republicans say they will not increase the debt ceiling now $16 trillion and due to expire in february without more deficit reduction. >> history shows that the only major deficit cutting deals we ever do around here ever comes after debates over the debt ceiling. it may be a good idea if you don't care about the debt, but it's a nonstarter for those of us who do. >> reporter: public opinion generally is on the president's side. house republicans are not paralyzed or powerless. in fact, they're more unifyied behind speaker boehner than they were on the debt crisis a year ago. why does this matter? the white house is noticing if there is a deal boehner can find the votes to pass it. >> thanks. we want to give you an idea of what's really at stake here. rebecca jarvis has a lock at how the governme
to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, i will not play that game. because we've got to break that habit before it starts. >> reporter: the president sees the fiscal cliff showdown as an opportunity to break that linkage for good. republicans say they will not increase the debt ceiling now $16 trillion and due to expire in february without more deficit reduction. >> history shows that the only major deficit cutting deals...
203
203
Aug 21, 2011
08/11
by
KPIX
tv
eye 203
favorite 0
quote 0
we should not have had any kind of brinksmanship around the debt ceiling. i wish that the speaker had taken me up on the grand bargain to deal with our long- term debt and deficit. we still have the opportunity to fix that. it's not too late. >> reporter: people look at washington and they think it's broken. at the point of being irreparable. do you think the damage... the process is irrepable. >> i don't think it's irrepable. keep in mind there have been times where congress was just as dysfunctional. there have been times where the country was full of vitriol in its politics. so this isn't unique to our time. >> reporter: the president will propose a new jobs and economic growth package after labor day. but with the 2012 presidential campaign already underway, is anyone going to want to play let's make a deal? the bad blood between democrats and republicans seems to haveen shrouded the capital in a kind of cold war chill. margaret thatcher famously said when gorbachev took power in russia, i can do business with this man. can you do business with the repu
we should not have had any kind of brinksmanship around the debt ceiling. i wish that the speaker had taken me up on the grand bargain to deal with our long- term debt and deficit. we still have the opportunity to fix that. it's not too late. >> reporter: people look at washington and they think it's broken. at the point of being irreparable. do you think the damage... the process is irrepable. >> i don't think it's irrepable. keep in mind there have been times where congress was...
432
432
Jan 21, 2013
01/13
by
KPIX
tv
eye 432
favorite 0
quote 0
be held wednesday to raise the debt ceiling temporarily. why would they do something like this, which might seem at first blush to be backing down. there were a couple of reasons, scott. first of all they looked at polling when they were out there at that retreat it looks like the polling that you were just talking about. it showed that americans by a pretty significant margin trust the president over house republicans when it comes to things like the deficit which is one of their signature issues. and spending and the economy. what republican leaders were trying to convey to some of their more junior members, perhaps who like the idea of really holding the white house's feet to the fire on issues like this, if we want to be seen as a governing party not just an opposition party that is constantly threatening to take the government in to a shutdown or default we are going to have to show that we are reasonable. and the fact is that they are going to hold this vote now and they still get another bite of the apple three months from now to try
be held wednesday to raise the debt ceiling temporarily. why would they do something like this, which might seem at first blush to be backing down. there were a couple of reasons, scott. first of all they looked at polling when they were out there at that retreat it looks like the polling that you were just talking about. it showed that americans by a pretty significant margin trust the president over house republicans when it comes to things like the deficit which is one of their signature...